Tired of waiting for Congress, states racing to deepen seaports before the opening of the enlarged Panama Canal next year are picking up the cost of what has traditionally been a federal duty.
Import cargo volume at the nation's major retail container ports is expected to increase 8.3 percent this month over the same time last year as consumers begin their holiday shopping, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.
Mexico is competing with the U.S. for manufacturing work coming back to the western hemisphere from China and other parts of Asia. Will it pose the same challenge for U.S. ports?
Import cargo volume at the nation's major retail container ports is expected to increase 3.3 percent this month over the same time last year as retailers make final preparations for the holiday season, according to the monthly Global Port Tracker report from the National Retail Federation and Hackett Associates.
The Nicaragua Canal project has been dealt another setback amid reports that construction will not begin until the first quarter of 2016 due to environmental mitigation measures.
The U.S. Army Corps of Engineers has given its final substantive approval for the deepening of South Carolina's Charleston harbor to accommodate post-Panamax container ships.
New York reinsurance broker Guy Carpenter & Company has estimated that it could cost $3.3bn to cover the extent of losses associated with the Tianjin explosions.
Import cargo volume at the nation's major retail container ports is expected to increase 1.2 percent this month over the same time last year as retailers head toward the holiday season, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.